eWorld Companies, Inc. Updates Financials for Elevated Pink Sheets Status
July 06 2009 - 8:00AM
Business Wire
eWorld Companies, Inc. (Pink Sheets:EWRC) announced today that
it has updated its company information and financial statements for
uploading and disclosure on www.pinksheets.com. The acceptance and
posting of these updates are expected to be completed within the
next 24-48 hours and will qualify the company for a status
elevation to �Pink Sheets Limited Information�.
eWorld CEO, Henning Morales commented, �We are pleased to report
another significant milestone in the company�s growth. This is a
very exciting time for eWorld Companies. The recent launch of our
Boomerang Media Station� v4.0, and the anticipated upcoming
launch of our Customized Boomerang have placed us in a more
competitive position in the marketplace, and we have now completed
the necessary steps to enhance our financial reporting and trading
options as well. This is a very exciting time for eWorld Companies
and we expect to make additional announcements in the near
future.�
ABOUT EWORLD COMPANIES, INC.
eWorld Companies, Inc. markets and distributes cutting edge
Internet technologies through its wholly-owned subsidiary eWorld
Entertainment, Inc. and its International network of Affiliates,
users and strategic partners. eWorld�s patent-pending Boomerang
Media Station� features exclusive and third-party movies, music
videos, webcasts and other streaming video content delivered via
its unique state-of-the-art high-definition quality video player.
Boomerang is a free software program that streams rich media within
the actual application and remains ever-present as the user browses
the Internet, offering the user one-click access to limitless
entertainment experiences and convenience benefits. The Company�s
revenue model consists of six major components: (1) Advertising
Revenues; (2) Affiliation Fees; (3) Affiliate Monthly
Subscriptions; (4)�Product Sales; (5)�Technology Licensing; and (6)
International Marketing License Fees. For more information visit
www.eworldcompanies.com.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of RBID.com, Inc., which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
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